Labor Day Travel Boom On Consumer Confidence

A report from AAA suggests that travel this Labor Day weekend will be the highest in five years as consumers finally exit the gloom of the financial crisis. Consumer confidence is up, and so is consumption. That, according to today’s report, means that more than 34 million Americans will take trips longer than 50 miles this Labor Day weekend.

According to the motor club, this weekend will see 34.1 million Americans take to the roads and airports, beating last year’s 32.7 million. The number still falls far below the record, set five years ago. Back then more...